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ZIP Code · FL

ZIP 33063

Part of Margate, FL
Pop. 55,466·Broward County·300th most expensive ZIP in Florida
Median rent (all units)
$2,179/mo
Year-over-Year
+1.9%
Month-over-Month
-3.0%
vs US Median
+$228
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33063 · $2,179
More expensive than 69% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,910
2 BR
$2,350
3 BR
$3,240
4 BR+
$3,840
Research median
$2,350/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$26,148/yr
At $2,179/mo median
Location
StateFL
CountyBroward County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.9% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.9% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 33063 (Margate, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 27.6% of residents hold a bachelor's degree or higher.

Population
55,466
Median income
$62,918
Median age
45
Renters
26.3%
Age distribution
17%
18.5%
24.2%
16.7%
23.6%
Under 1817%
18–3418.5%
35–5424.2%
55–6416.7%
65+23.6%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
38.4%
28.3%
28.7%
White38.4%
Black28.3%
Hispanic28.7%
Asian3.5%
Other1.1%
Education (25+)
31.5%
29.8%
27.6%
No HS diploma11.1%
HS diploma31.5%
Some college29.8%
Bachelor's+27.6%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 33063 in Margate, FL has changed in 5 years

Rent
$1,526 → $2,179
up 42.8%
Income
$53,594 → $62,918
up 17.4%
Population
54,907 → 55,466
up 1.0%
Renter share
28.7% → 26.3%
-2.4 pts
Bachelor's+
26.2% → 27.6%
+1.4 pts
Median age
47.2 → 45
-2.2 yrs

Five years ago, renters in ZIP 33063 in Margate, FL paid around $1,526 a month. That figure now sits near $2,179, up 42.8% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $53,594 in 2021 to $62,918 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33063 in Margate, FL adding about 559 residents over the five-year window, up 1.0% on net. The renter share has eased from 28.7% to 26.3%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33063 in Margate, FL market of 2021.

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Local insights

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About renting in ZIP 33063

Last updated: June 22, 2026

ZIP code 33063 covers Margate, FL. The median rent here is $2,179/mo as of June 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,350/mo.

At 42% of local median household income ($62,918/yr), ZIP 33063 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33063?

As of June 22, 2026, the median monthly rent in ZIP 33063 (Margate, FL) is $2,179. This is based on aggregated data from public sources and community submissions.

How does ZIP 33063 rent compare to the US average?

ZIP 33063's median rent of $2,179/mo is $228 (12%) above the US national median of $1,951/mo.

How does ZIP 33063 compare to other ZIPs in Florida?

ZIP 33063 falls in the middle range for Florida, ranking #300 out of 669 ZIPs at $2,179/mo.

How much income do you need to rent in ZIP 33063?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,179/mo in ZIP 33063. The local median household income is $62,918/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33063?

Rent in ZIP 33063 has increased 1.9% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 33063 an affordable place to rent?

ZIP 33063 is considered stretched for renters. At $2,179/mo, rent takes approximately 42% of the local median household income ($62,918/yr). The standard benchmark is 30%. ZIP 33063 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 33063 residents rent vs. own?

According to Census data, approximately 26.3% of ZIP 33063 households are renters, while 73.7% are owner-occupied. ZIP 33063 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33063 compare to the rest of Margate?

ZIP 33063 is pricier than Margate as a whole. At $2,179/mo, it's $54 above the Margate citywide median of $2,125/mo.

When was rent data for ZIP 33063 last updated?

Rent data for ZIP 33063 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $2,179/mo, rent takes ~42% of ZIP 33063's median household income ($62,918/yr). The standard benchmark is 30%.

ZIP 33063 42%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33063 (Margate, FL)

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